Department Of Financial Services news and trends

NYDFS Slaps Cap on Check Cashing Fees
Regulation // January 19, 2023

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NYDFS Proposes Charging Virtual Currency Businesses Admin Costs
Cryptocurrency // December 01, 2022

A New York regulator has proposed charging licensed cryptocurrency businesses for its costs.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

New York To Ease Cryptocurrency Regulations
Cryptocurrency // June 25, 2020

It will be easier for New York cryptocurrency businesses to launch in New York, thanks to a plan by regulators that would ease licensing rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Former CFPB Dep. Director Named Dept Of Financial Services Advisor
Personnel // January 15, 2020

The New York Department of Financial Services (DFS) has announced that Leandra English, the former deputy director of the Consumer Financial Protection Bureau (CFPB), has been named special policy advisor to DFS Superintendent Linda Lacewell, according to a release. Get the Full Story Complete the...

Quick Reads
New York DFS Reaches Settlements with 8 Auto Insurance Companies Over Alleged Cybersecurity Failures

October 14, 2025
Eight auto insurance companies will pay a collective total of $19 million in penalties to New York State for alleged violations of the Department of Financial Services’ cybersecurity regulation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe […]

NYDFS Proposes Charging Virtual Currency Businesses Admin Costs

December 01, 2022
A New York regulator has proposed charging licensed cryptocurrency businesses for its costs.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

New York To Ease Cryptocurrency Regulations

June 25, 2020
It will be easier for New York cryptocurrency businesses to launch in New York, thanks to a plan by regulators that would ease licensing rules. Get the Full Story Complete the form...

Former CFPB Dep. Director Named Dept Of Financial Services Advisor

January 15, 2020
The New York Department of Financial Services (DFS) has announced that Leandra English, the former deputy director of the Consumer Financial Protection Bureau (CFPB), has been named special policy advisor...